Equinix executive chair sells 305 shares in plan
Equinix Inc Executive Chairman Charles J. Meyers reported a mix of equity compensation and a small stock sale.
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Rhea-AI Filing Summary
Equinix Inc Executive Chairman Charles J. Meyers reported a mix of equity compensation and a small stock sale. On March 11, 2026, he received and fully vested 305 restricted stock units as a bonus under the 2025 Annual Incentive Plan after performance criteria were met, then exercised these RSUs into 305 shares of common stock at a conversion price of $0.00 per share. On March 12, 2026, he sold 305 common shares in an open-market transaction at an average price of $961.19 per share pursuant to a pre-arranged Rule 10b5-1 trading plan. Following the sale, he directly owns 12,594.289 common shares, so the transaction represents a small portion of his holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 305 | $961.19 | $293K |
| Grant/Award | Restricted Stock Unit | 305 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 305 | $0.00 | $0.00 |
| Exercise | Common Stock | 305 | $0.00 | $0.00 |
Footnotes (3)
- F1. Shares sold pursuant to a 10b5-1 Trading Plan.
- F2. Under the 2025 Annual Incentive Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units. The Compensation Committee has determined that the performance criteria were attained, and therefore 100% of the award was granted on March 11, 2026 as reported in this Form 4.
- F3. Restricted stock unit award expires upon reporting person's termination of service.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Equinix (EQIX) Executive Chairman Charles J. Meyers report?
What equity award did Charles J. Meyers receive from Equinix (EQIX) in March 2026?
Was the Equinix (EQIX) stock sale by Charles J. Meyers pre-planned?
Why did Equinix (EQIX) grant restricted stock units to Charles J. Meyers?
AI-generated analysis. How Rhea-AI works. Not financial advice.